My points to note on the A2M chart.
- 50mda (red line) has been resistance since August.
- 21mda (blue line) is below the 50mda = downtrend (sell rallies)
- Wait for 21 to cross 50 to confirm new uptrend (buy dips)
First target = 7.63 gap
Second longer term target = previous high (Circa 8.30 - 8.40). This is where i'll hopefully be able to take short term profits and then re-evaluate a new entry.
Second target corresponds to 50mda which will increase the resistance and will need to consolidate before continuing a run and breaking the downtrend.
9 times out of 10 lows are tested (bullish double bottom) so its not impossible to believe that A2M could revisit low 7's if the 50mda proves too strong to break.
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Last
$6.23 |
Change
-0.090(1.42%) |
Mkt cap ! $4.510B |
Open | High | Low | Value | Volume |
$6.30 | $6.31 | $6.17 | $6.785M | 1.089M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5458 | $6.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.24 | 13490 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5025 | 6.210 |
1 | 484 | 6.200 |
1 | 1000 | 6.150 |
5 | 9029 | 6.100 |
1 | 1652 | 6.050 |
Price($) | Vol. | No. |
---|---|---|
6.260 | 1604 | 1 |
6.280 | 10000 | 1 |
6.300 | 1750 | 1 |
6.320 | 700 | 1 |
6.350 | 2000 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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